Oil Traders Won Ecuador Deals With $70,000 Watch and Bags of Cash
Traders' bribes also paid for a 120,000-euro bathroom remodelling for a senior official at Ecuador's state oil company.
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A $70,000 Patek Philippe wristwatch, a luxury bathroom remodeling, and at least a dozen bags of cash.
Those are just some of the bribes paid to win oil trading business in Ecuador, according to testimony heard in a Brooklyn courtroom over the past four weeks.